LSH expands Asset Recovery and Restructuring Team

30/07/2008

Anna Silkstone

In response to the weakening economy and tightening of the commercial property market we have expanded our Asset Recovery & Restructuring Team (ARRT).

The number of commercial property loans that are at or below the waterline is set to increase and we are ideally placed to utilise its national network of offices, the largest in the UK and Ireland, in the provision of asset recovery and restructuring services.

The team is led by Ezra Nahome, CEO. “Ezra said: “The expansion of ARRT is a direct response to the need of our clients and to the changing market. The team has a range of complementary skills, including asset management, valuation, LPA, investment and banking experience.”

Ezra added: “Property advice is about the micro as well as the macro and no more so than in a difficult marketplace. If there is value out there, we will find it.”

We transact more deals than any other commercial agent and are therefore well positioned to provide a finger on the pulse view of the property market. The recent Estates Gazette survey named LSH as the UK’s No 1 national agent and revealed that the firm was involved in over 2,100 transactions across the market in 2007, 750 (or 55%) more than its nearest competitor.

According to Ezra, our high level advisory work for banks will set the agenda moving forward and, given LSH’s unique position in the market, clients will gain a complete insight into the occupational and transactions markets.

The solutions available to clients often fall into the following categories:

• Valuation and Strategic Overview

• Asset Management Opportunities

• Occupational Agency, to let any vacant or surplus space

• Business rates mitigation

• Building Consultancy, handling repairs or refurbishment

• Investment Services

For further information relating to this news article contact Ezra Nahome